Marketed: 14 Well Package in Oklahoma Owned by an Undisclosed Seller

The following information is provided by EnergyNet. All inquiries on the following listings should be directed to EnergyNet. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.

An undisclosed seller (Seller) is offering for sale a 14 well package with producing MI/RI and non-producing minerals in McClain County, Oklahoma. Lot# 106124 includes 87.07 net mineral acres, with 51.10 of those being net producing mineral acres and the remaining 35.97 acres being non-producing. There are 14 producing wells with a ranged RI of 0.10265% to 0.000303%. The lot includes a 6 month average 8/8ths production of 1,554 bbl/d and 5,405 Mcf/d, a 6 month average net production of 0.33 bbl/d and 1.08 Mcf/d, and a 3 month average net income of $1,023/month. Seller has retained EnergyNet as their exclusive advisor relating to the transaction.

Asset Highlights:

• 87.07 Net Mineral Acres:
  • 51.10 Net Producing Mineral Acres
    • 14 Producing Wells
    • 0.10265% to 0.000303% RI
  • 35.97 Net Non-Producing Mineral Acres
• 6-Month Average 8/8ths Production: 1,554 bbl/d and 5,405 Mcf/d
• 6-Month Average Net Production: 0.33 bbl/d and 1.08 Mcf/d
• 3-Month Average Net Income: $1,023/Month
• Operators:
  • EOG Resources Inc.
  • Native Exploration Operating, LLC
  • Ovintiv USA Inc.
  • Warwick-Minerva LLC
• 9 Offset Rigs
• 258 Offset Permits
  • Amended: 33 Active | 18 DUC | 6 Permitted
  • Deepened Below Casing: 1 Active | 1 DUC
  • New Drill: 106 Active | 61 DUC | 20 Permitted
  • Recompletion: 12 Active
• 4,840 Active Offset Producers
• Select Area Operators:
  • BCE-Mach III LLC
  • Citizen Energy III LLC
  • EOG Resources Inc.
  • Unit Petroleum Company

Bids for Lot# 106124 are due on June 20 at 2:20 p.m. CDT. For complete due diligence information on this property, please visit http://www.energynet.com or email Emily McGinley, Director, at Emily.McGinley@energynet.com.